Breaking News, Collaborations & Alliances

Astellas, Ambit in FLT3 Pact

Astellas pays $40 million for Phase II AML treatment.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Ambit Biosciences and Astellas Pharma have entered into a worldwide agreement to jointly develop and commercialize FLT3 kinase inhibitors in oncology and non-oncology indications. This partnership includes AC220, Ambit’s lead clinical-stage investigational drug that entered into a Phase II clinical trial earlier this month in relapsed/refractory acute myeloid leukemia (AML), and other undisclosed FLT3 kinase inhibitors. AC220 is a novel, orally available, potent and highly selective small ...

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